Alphageo (India)

FY09 Q2 Results

Posted by : stockso
Price when posted : BSE: Rs 98.00 ( -13.31 % ), NSE: Rs. 97.20 ( -13.83 % )

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They were supposed to have contracts in cauvery basin which was supposed to reduce their dependence on revenue from north-east region where revenues take a hit during monsoon season. Unfortunately this is not reflected in the current quarter and moreover due to sagging crude prices, all allied service contracts are getting re-negotiated and revenues will be impacted due to this. Hence wait for a better price to enter....

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FY09 Q2 Results

Posted by : valuepick

Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly.

NSE Announcements on Alphageo

Posted by : MMB Messenger
Price when posted : [Alphageo - BSE:Rs. 108.10 NSE:Rs. 108.45 when posted]

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Alphageo (India) Limited has informed the Exchange regarding a press release titled "Alphageo bags ONGC contract of Rs. 43.69 Crores". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....

BSE Announcements on Alphageo

Posted by : MMB Messenger
Price when posted : [Alphageo - BSE:Rs. 106.00 NSE:Rs. 105.60 when posted]

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Alphageo (India) Ltd has informed BSE regarding a Press Release titled "Alphageo bags ONGC contract of Rs 43.69 Crores"...

FY09 Q2 Results

Posted by : valuepick
Price when posted : BSE: Rs 134.20 ( -4.59 % ), NSE: Rs. 134.70 ( -6.91 % )

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Dear Manish

You are right,such a clarification was necessary from management side at least for the existing share holders.May they have some plans to purchase from open market in a panic after showing such a bad result without any notes....

In reply to:

FY09 Q2 Results

Posted by : bhojas

Dear Valuepick,

I verified that out of last four years data FY05-08, their september quarter results were bad compared to other quarters as you right stated the reasons. However, this time the quarterly results were 0, so I was surprised. They should have at least put in the notes saying that there isn`t any business for Q2FY09 due to heavy rains/floods.

Thanks for clarifying.

-manish

FY09 Q2 Results

Posted by : bhojas
Price when posted : BSE: Rs 141.10 ( 0.32 % ), NSE: Rs. 142.00 ( -1.87 % )

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Dear Valuepick,

I verified that out of last four years data FY05-08, their september quarter results were bad compared to other quarters as you right stated the reasons. However, this time the quarterly results were 0, so I was surprised. They should have at least put in the notes saying that there isn`t any business for Q2FY09 due to heavy rains/floods.

Thanks for clarifying.

-manish...

In reply to:

FY09 Q2 Results

Posted by : valuepick

Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly.

FY09 Q2 Results

Posted by : valuepick
Price when posted : BSE: Rs 140.65 ( -7.65 % ), NSE: Rs. 144.70 ( -5.21 % )

View full thread (4 messages)

Tracked by: 0 Boarder

Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly....

In reply to:

FY09 Q2 Results

Posted by : valuepick

Alphageo is in a business with seasonality.Due to heavy rain and flood in the areas of their seismic survey sites they could not operate in sep qtr. It is no wonder and nothing to worry,company will compansate in next qtrs. In every year this happened in atleast one qtr.Don`t analyse this company in quarterly basis,take it as yearly.